Business | Markets
UAE's 3-month interbank rate falls as government pumps in funds
The UAE's 3-month interbank interest rate fell to 4.67188 per cent on Tuesday from 4.70938 per cent a day earlier, after the government announced Dh70 billion liquidity.
- Agencies
- Published: 11:28 October 14, 2008
Dubai: The UAE's 3-month interbank interest rate fell to 4.67188 per cent on Tuesday from 4.70938 per cent a day earlier, after the government announced Dh70 billion liquidity.
The 3-month interbank rate also fell on Monday after the government promised to protect bank deposits and pump in liquidity.
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